ALAN FADER (TN) - 2020 PPP Loan Borrower Profile (# 7241807807)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALAN FADER. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Tennessee.

Loan Detail

Loan Number

7241807807

SBA Office Code

0474

Processing Method

PPP

Curent Loan Amount

$11,205

Date Loan was Approved

Jun 3, 2020

Amount Forgiven

$11,314.25

Date Loan was Forgiven

May 27, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

743

Payroll Proced

9,482

Rent Proceed

980

Lender

First Horizon Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

448310

Borrower Location

MEMPHIS, TN

Project Location

MEMPHIS, TN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.